Summaries of the latest case law updates, curated for Indian businesses, startups, and compliance professionals.
Case Law Updates
Showing 38 recent updates in this category.
A man received ₹16 lakh from his mother after she sold gold jewellery, but the Income Tax Department questioned the cash deposits. The Jaipur ITAT deleted the ₹13.04 lakh addition after examining the…
The Karnataka High Court has upheld amendments to EPS-95 pension rules, rejecting retirees' plea against lower pension payouts. The ruling clarifies changes to pension calculations, including early re…
ITAT Patna remanded an assessment involving ₹40 lakh property payments and a ₹1.5 lakh Section 80C claim for fresh inquiry and verification. The post ITAT Patna Orders Fresh Assessment of ₹40 Lakh Pro…
Gujarat HC dismissed Revenue’s appeal, holding unjust enrichment inapplicable to refunds from provisional assessments finalised before 13 July 2006. The post Unjust Enrichment Inapplicable to Pre-Amen…
GSTAT Lucknow upheld deletion of a ₹1.89 lakh confiscation demand where invoices, returns and reconciled records explained delayed stock entries. The post Mere Delayed Stock Entries Backed by Invoices…
GSTAT Thane set aside unreasoned ITC demands and appellate orders, directing fresh adjudication with a fair hearing and all issues open. The post GST ITC Cannot Be Denied Solely on Retrospective Cance…
Gujarat HC allows ₹5.41 lakh GST refund on peculiar facts of delayed APL-04 upload, with 6% interest from 15 August 2024. The post Physical Appellate Order Communication Ordinarily Starts GST Refund L…
NCLT Mumbai Bench-V ordered liquidation after CIRP expiry and rejected the RP’s appointment as liquidator under amended Section 34. The post Resolution Professional Cannot Become Liquidator Under Amen…
ITAT Jaipur remands ₹11.10 lakh property sale addition for verification of power of attorney, bank transactions and actual ownership. The post Property Sale Proceeds Received by POA Holder Cannot Be T…
Delhi HC holds PCITs mere Yes invalid under Section 151, upholding ITATs decision quashing reassessment for AY 2009-10. The post Mechanical Section 151 Approval Invalidates Income Tax Reassessment: De…
ITAT Amritsar allows exemption on compulsory land acquisition compensation received in 2015 and deletes capital gains additions in two appeals. The post National Highway Land Acquisition Compensation…
Supreme Court dismisses appeal against NCLAT ruling allowing alternative evidence of default and recognising OTS acknowledgements under IBC. The post SC Upholds NCLAT Order on Section 7 IBC Admission…
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